Retail

Italian gambling has been rocked by the anti-Mafia taskforce investigation into illegal/fraudulent gambling activities conducted across Southern Italy. This November, the anti-corruption taskforce of the financial and federal police had conducted eighty search warrants arresting sixty-eight suspects on charges of corruption and fraud. The criminal investigations targeting the coastal cities of Catania, Reggio Calabria and Bari, are reported to have seized assets worth …

BetVictor has been announced as the primary sponsor of Newcastle’s much anticipated Fighting Fifth Hurdle – the first Grade 1 hurdle of the 2018-2019 national hunt season. BetVictor’s sponsorship of this Saturday’s event, which follows the firm’s successful three-year sponsorship of the BetVictor Gold Cup at Cheltenham’s November meeting, further affirms the operator’s commitment to investing in key horse races …

The national lotteries of France, Denmark, Finland and Norway have today announced the formation of a joint-venture alliance – Lotteries Entertainment Innovation Alliance AS (LEIA) supporting their day-to-day operations in order to meet changing marketplace dynamics. LEIA is founded by Danske Spil (DEN), Française des Jeux (FRA), Norsk Tipping (NOR) and Veikkaus (FIN) with the aim of delivering ‘enhanced digital services’ …

Limerick Racecourse has announced a three-year agreement with Matchbook Betting Exchange to become the new sponsor of its Matchbook Betting Exchange Grade 1 Novice Chase. An esteemed part of the racing calendar, The Matchbook Betting Exchange Grade 1 Novice Chase is the feature race on Boxing Day, the opening day of the iconic four day Mr Binman Christmas Racing Festival. …

As part of a 20-year definitive agreement with Eldorado Resorts, The Stars Group (TSG) will gain access to Eldorado Resorts’ online sports betting skins in the states where Eldorado owns or operates casino properties. The deal is structured so that TSG gets first skin rights for Eldorado’s multiple casino property states, and ‘second skin’ for all others. Additionally, TSG will have an option to access …

FTSE gambling technology group Playtech Plc has confirmed that it will expand and upgrade its existing lead supplier relationship with Central and Eastern European (CEE) betting group Fortuna Entertainment Group.    Updating the market, Playtech announces that Fortuna has approved the roll-out of its ‘IMS – player management platform’ to be integrated across its properties operating in the markets of …

The Mississippi Band of Choctaw Indians has announced that it will launch its Pearl River Resorts (Philadelphia, MS) sportsbook proposition in-partnership with Betgenius. The partnership will see the tribal gaming syndicate become the first Tribal Gaming operators to launch sports betting produce outside of Nevada. Betgenius will work with Tribal Gaming technology partner IGT Group, as the comprehensive supplier of …

European business analysts are monitoring the movements of Bolsa Madrid gambling firm Grupo Codere SA closely, as the embattled company faces multiple obstacles in its corporate recovery. Following the publication of its Q3 2018 trading update (13 Nov) in which the company posted year-to-date net losses of €55 million, Codere has witnessed its share price collapse from €6.20 to €2.85 …

According to the Times, the Irish Finance Minister Paschal Donohoe has confirmed a decision to review plans to double betting tax, after warnings from Irish Bookmakers Association (IBA) that the move would lead to significant job losses. The decision means there is likely to be a delay to the potential tax hike, which were due for implementation at the commencing …

Representatives of Playtech enterprise founder Teddy Sagi, have today disclosed that the Israeli billionaire has sold his entire remaining shareholding in the FTSE250 technology group. The family office of Teddy Sagi informs that personal investment fund ‘Brickington Trading Ltd’ has approved the sale of 15,193,489 shares in Playtech Plc targeting a £85-90 million transaction, administrated by Credit Suisse Securities. Updating the media, Sagi …